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Horizon Oil Limited ( (AU:HZN) ) has provided an update.
Horizon Oil Limited has announced an extension of the condition precedent date for its gas supply agreement with Arafura’s Nolans rare earths project. The new date is set for 31 March 2025, allowing additional time for fulfilling conditions required to progress this critical industrial supply contract, which could enhance Horizon’s market positioning and impact stakeholders involved in the project.
More about Horizon Oil Limited
Horizon Oil Limited operates in the energy sector, primarily focusing on the exploration, development, and production of oil and gas resources. The company is involved in supplying gas for industrial projects, reflecting its commitment to supporting the energy needs of significant market ventures.
YTD Price Performance: 35.00%
Average Trading Volume: 32,204
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $207.8M
Find detailed analytics on HZN stock on TipRanks’ Stock Analysis page.